Boom and Underwriting


Boom and Underwriting
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Boom and Underwriting

Term of the Day

boom

Period that follows recovery phase in a standard economic cycle. A boom is characterized by an economy working at full or near-full capacity, strongconsumerdemand, low rate of unemployment, and a rising stockmarket, usually accompanied by rapidly increasing consumer prices (inflation).

Learn more about this term
Usage Example

Before the Internet boom, most publicly traded companies had to have proven track records and have a history of profitability.

Notable Quotable
“There’s no luggage rack on a hearse.” -anonymous
Term of the Day

underwriting

  1. The procedure by which an underwriter brings a new security issue to theinvesting public in an offering. In such a case, the underwriter willguaranteea certain price for a certain number of securities to the party that is issuing thesecurity (in exchange for a fee). Thus, the issuer is secure that they will raise a certain minimum from the issue, while the underwriterbears the risk of the…
Learn more about this term
Usage Example

Last year the company was charged for misrepresentation in theunderwriting and sale of MBS worth over $3.6 billion.

We all Love Growth. Economic and Exponential.


We all Love Growth. Economic and Exponential.
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

We all Love Growth. Economic and Exponential.

Term of the Day

exponential growth

Increase in number or size, at a constantly growing rate. It is one possible result of areinforcing feedback loop that makes a population or system grow (escalate) by increasingly higher amounts. compound interest is an example of exponential growth.

Learn more about this term
Usage Example

The advent of big data and its exponential growth managed by the enterprise data centers is a significant market factor.

Term of the Day

economic growth

A positive change in the level of production of goods and services by a country over a certain period of time. Nominal growth is defined as economicgrowth includinginflation, while real growth is nominal growth minus inflation. Economic growth is usually brought about by technological innovation andpositive external forces.

Learn more about this term
Usage Example

While economies of developing countries can be volatile, they often see a higher rate of economic growth than industrialized nations.

We don’t Love Inflationary Growth though !

Notable Quotable
“Inflation might be called prosperity with high blood pressure.”
-Arnold Glasgow

Ministry-wise PIB releases


Ministry-wise PIB releases

Cricket World Cup – TECHNOLOGY – a boon or a bane?


The Technological advancements over each World Cup Cricket are fascinating.  As a Cricket Enthusiast, we can not just keep pace with the developments but also understand the game even better.  Let me explain.

A key factors in cricket bowling is the bowler’s grip. How he makes Variations in grip – influences the outcome of a delivery. Below is the grip for an in-swing delivery. To produce the grip for an out-swinging delivery, you simply have place your fingers on the other side of the seam. For a right hander you would slightly angle the seam so that it faced towards first slip.

In the late 60’s and 70’s, there were very few books in College and University Libraries and even fewer Coaches who could guide us about all the possible variations we could use to be effective.

We began with the basics as above. Today, the Camera can Zoom on each milli-second of the Bowlers’ movement and show us in slow motion the very change he wanted to keep secret perhaps and it becomes visible to every TV watcher in the most advance 5K Screens ! This is Technology.

A pace bowler creates several variations of grip that can be adopted to produce different results. The best we noticed in the Current World Cup due to a Watchful Commentator/ Expert recently was  the Discovery that majority of the Seam bowlers they observed are using what is called A cross-seam delivery.  The Cross Seam Delivery for is one that is used commonly in all formats of the game. when bowled a cross-seam delivery can either land on the smooth leather side of the ball and skid on possibly keeping low or zipping off the pitch. It could also land in the seam making the ball bounce up sharply and unexpectedly surprising the batsman. Overall this is a very useful grip to use, once mastered it has a place in any fast bowlers arsenal.

Technology used by Experts, Commentators, Coaches, Bowling and Batting coaches can help the team to strategise based upon these observations, trends and patterns and enable the players to Play Better.  When they play better, they entertain – don’t they ? For me therefore, efficient use of Technology by Team and Media alike can make the game better, Still Better.

What do you think?

Green ‘Shoots’ : Bah ! ( Satire) & Franchise, Ex-Dividend


 Green 'Shoots' : Bah ! ( Satire) & Franchise, Ex-Dividend
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Green ‘Shoots’ : Bah ! ( Satire) & Franchise, Ex-Dividend

DEFINITION OF ‘GREEN SHOOTS’

A term used to describe signs of economic recovery or positive data during an economic downturn. The term green shoots is a reference to plant growth and recovery, and has been used during down economies to describe signs of similar growth.

INVESTOPEDIA EXPLAINS ‘GREEN SHOOTS’

One of the first uses of the term green shoots was to describe signals of economic growth during the economic downturn in the United Kingdom in 1991. The term gained greater notoriety when it was used by U.S. Federal Reserve chairman Ben Bernanke to describe positive economic data during the financial crisis of 2008-2009.

What provoked the thoughts for this short post are two:

1. The Graphic above which talks about the Survey which shows the Best Skills required in USA for Success.

2. An article in ET today where the new Chairman of the Niti Aayog in India is using a jargon “Green Shoots”.

I decided to look up the Definition and it is before you. Now you can choose whether you would rather have the Right Skills or Jargon spitting people to teach you to Succeed ! :)

No. I have no malice towards NONE ! :) so no offence please !

“My formula for success is rise early, work late, and strike oil.”
-Paul Getty

Let us see today’s thought Provoking Definitions:

Term of the Day

franchise

1. A right conferred or established by a government, such as the right to vote (exercise one’s franchise) in a local or national election.
2. Commerce: (1) A privilege granted to make or market a good or service under a patented process or trademarked name. (2) A business operating under such privilege.
3. Law: A government-conferred right to exist as a legal business entity within a …

Learn more about this term
Usage Example

But if you see a relatively new company asking for very high franchise fees, a mental red flag should go up.

Term of the Day

ex-dividend

A security which no longer carries the right to the most recently declared dividend; or the period of time between the announcement of the dividend and the payment. A security becomes ex-dividend on the ex-dividend date (set by the NASD), which is usually two business days before the record date (set by the company issuing the dividend). For transactions during the ex-dividend period, the seller, not the buyer, will receive the dividend. Ex-dividend is usually indicated in newspapers with an x next to the stock or mutual fund’s name. In general, a stock’s price drops the day the ex-dividend period starts, since the buyer will not receive the benefit of the dividend payout till the nextdividend date. As the stock gets closer to the next dividend date, the price may gradually rise in anticipation of the dividend.

Read more: http://www.investorwords.com/1818/ex_dividend.html#ixzz3SiP5rADT

Print Release – CSR AND Government Schemes


PrintPress Information Bureau

Government of India

Ministry of Corporate Affairs

24-February-2015 15:46 IST

Government Schemes under Corporate Social Responsibility (CSR)

Schedule VII of the Companies Act, 2013 lists activities eligible for expenditure by companies for implementation of their Corporate Social Responsibility (CSR), and includes building of schools, etc.

This being the first year of implementation of CSR policies, relevant company filings would be available only towards end of the year 2015. It is premature to form an idea about the actual implementation at this juncture.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.

via Print Release.

Ministry-wise PIB releases


Is HR Ready for a MakeOver?


Is HR Ready for a MakeOver?
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Is HR Ready for a MakeOver?

NO. I am not an HR expert or a MakeOver Specialist.

My interest began in HR as a Headhunter in ’93 when I went for a lecture presentation by a Hewitt PhD about ‘Predictive Techniques in Recruitment’ . It continued. I liked the Base Questions in NHRDN like ‘ Why People behave the way they do?’ .

In our B School we took a project on a very large company going thru a violent strike and came out with a finding that ” People bring the Behaviour of their surroundings and Re-create it at the Workplace too!” It was fun !

Over the years, I Selected, Recruited, Inducted, Trained, Coached and Mentored many and got Coached by very Senior Executive Coaches. My interest in the subject continued. I liked the ‘Strengthsfinder’ book by Marcus Buckingham and the technique used.

Now, I feel, sometimes very strongly that the time has come for HR to ‘Reform, Change, Reconstruct and Re-shape itself’. My first PSU MD was a Ex Harvard Professor and he changed the function Personnel Management and IR into Human Resources Department and said the first thing to know is HRD = Humane ! I wish it was as I learnt over the course of next 30 years of Corporate life that HRD wasn’t ‘Humane’ at all. And that’s my personal opinion.

Let us look at the Two words today, that I have been picking up this year for Provoking Thought. The first one in today’s email by Business Dictionary.com was :Term of the Day

human resources

The division of a company that is focused on activities relating to employees. These activities normally include recruiting and hiring of new employees,orientation andtraining of current employees, employee benefits, andretention. Formerly calledpersonnel.

Learn more about this term
Usage Example

Make sure your human resources and legal departments are well equipped to handle these issues should they arise.

Is this Humane? Is this really HR? Some food for the Intellectuals.

The Second word I have today is:

Term of the Day

Federal Reserve System

The central banking system of the U.S., comprised of the Federal Reserve Board, the 12 Federal Reserve Banks, the Federal Open Market Committee, and the national and state member banks. Its primary purpose is to regulatethe flow ofmoney and credit in the country. The Federal Reserve was established in 1913 to maintain a sound and stable banking system throughout the United States and to…

Learn more about this term
Usage Example

The Federal Reserve System uses the discount rate as a tool to maintain a stable financial environment.

There is no linkage between the two and it is given here just to make a loose association and provoke thoughts.

The Notable Quotable for the day is:

Notable Quotable
“It is difficult to see the picture when you are inside the frame.”
-John Doerr, Kleiner Perkins.

Bottomline – May be it is time for HR Experts to take a Sabbatical and break from the profession for a Month, Quarter or a Year and Develop a Humane Reserve System ( No I won’t ask for a Copyright on this term) and RePosition HR. Trust me, when I say this – your presence will be least felt by business if you take this well deserved break ! Come back in the New Form and you may even become an Equal Business Partner in the C Suite ! Amen !

Business Ethics and the Temptation of Self-Deception


Business Ethics and the Temptation of Self-Deception
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Business Ethics and the Temptation of Self-Deception

We all have a good sense of what’s right or wrong.
We have an inherent ability to talk ourselves into believing that something that’s wrong is really alright.
We’re all very good at this, especially when under pressure.

  • It is said that Leadership is a moral activity.
  • When done well, it raises people up and brings out their best. Successful ends do not justify unethical means.
  • For this the journey and the destination must both be based on moral principles if we are to get people to follow us willingly from their hearts.
  • People follow the herd, even if the herd is charging off a cliff. They don’t want to be out of step or seem foolish.
  • So, we get to hear, “Business is business.” Such pronouncements are absurd. Business is based on trust. We buy your product trusting it will perform as indicated. You sell your product trusting we will pay you on time. Without trust, commerce begins to break down.
  • A terminated employee is told, “It’s not personal. It’s just business.” Ridiculous. Business is business and personal too. For the one being fired, it’s very personal. I wonder, when will HR understand this – this is still the Old lumpy thinking of Personnel Management and Industrial Relations Days !

We all know the industries that are “dirty,” i.e., industries in which unethical practices are commonplace.
We all know banks which bundle toxic assets and dump them on unsuspecting clients.
Sometimes leaders rationalize unethical behavior because they feel a greater good is preeminent. The cover-up inevitably surfaces and the loss of trust is again devastating.

Ethical dilemmas are sometimes hard to sort out. Leaders need judgment to find the true ethical path.

When it comes to ethics, we are all tested in our careers.
We all face ethical challenges and dilemmas, and all the more so if we lead.

Ministry-wise PIB releases


Ministry-wise PIB releases

How Business Ethics is De-Railed?


How Business Ethics is De-Railed?
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

How Business Ethics is De-Railed?

Business Ethics is Derailed by rationalisations. Rationalizations are common excuses we hear in so many words:

  1. “Everyone is doing it.”
  2. “It’s just this once.”
  3. “No one will notice.”
  4. “I won’t get caught.”
  5. “Business is business.”
  6. “It’s just a small amount.”
  7. “I deserve this.” etc. etc.

Our ability to rationalize our behaviour is astonishing and quite dangerous.

Be Humble Day


Did you know…

… that today is Be Humble Day? Today is not a day to brag or to boast. It’s not a time to talk about your success or accomplishments. Why!? Because today is Be Humble Day! Be Humble Day can be a humbling experience. That’s exactly the intent of today. Humbleness is a good thing, a virtue. People much prefer a humble person to a braggart. Practice humbleness today, and everyday. It will serve you well in life!

~~~

Today’s Inspirational Quote:

“You cannot control what happens to you, but you can control your attitude toward what happens to you, and in that, you will be mastering change rather than allowing it to master you.”

— Brian Tracy

IMG_4105

IMG_4105-0

Middle Class and Profit


Middle Class and Profit
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Middle Class and Profit

“The experience of being proved completely wrong is salutary. No economist should be denied it, and none are.”
-J.K. Galbraith

Term of the Day

profit

The positive gain from an investment or business operation after subtracting for allexpenses. opposite of loss.

Learn more about this term
Usage Example

The singular-product strategy enables them to add a layer of communication as well as description to the product, harnessing the social impact many brands are using but few have been able to profit from.

Middle Class is a Wrong Place to be in. :) – Quote by Me !

Today’s Inspirational Quote:

“Every sunrise is an invitation for us to arise and brighten someone’s day.” — Richelle E. Goodrich

Term of the Day

middle class

Social Class usually comprising of white-collar (non-manual) workers, lower-level managers, and small business owners, often constituting about one-third of theemployed population of a country. The income of this class is higher than that of the working-class but lower than that of the upper-middle class (doctors, engineers, lawyers, middle-size business owners) and upper class.

Learn more about this term
Usage Example

The rich get richer and the middle class get poorer.

Have a Great Weekend ! :)

Middle Class and Profit | Dhananjay Parkhe | LinkedIn


Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

 

Middle Class and Profit

Feb 22, 2015 0Views 1Likes 0CommentsShare on LinkedInShare on FacebookShare on Google PlusShare on Twitter

“The experience of being proved completely wrong is salutary. No economist should be denied it, and none are.”

-J.K. Galbraith

Term of the Day

profit

The positive gain from an investment or business operation after subtracting for all expenses. opposite of loss.

Learn more about this term

Usage Example

The singular-product strategy enables them to add a layer of communication as well as description to the product, harnessing the social impact many brands are using but few have been able to profit from.

Middle Class is a Wrong Place to be in. :) – Quote by Me !

Today’s Inspirational Quote:

“Every sunrise is an invitation for us to arise and brighten someone’s day.” — Richelle E. Goodrich

Term of the Day

middle class

Social Class usually comprising of white-collar (non-manual) workers, lower-level managers, and small business owners, often constituting about one-third of the employed population of a country. The income of this class is higher than that of the working-class but lower than that of the upper-middle class (doctors, engineers, lawyers, middle-size business owners) and upper class.

Learn more about this term

Usage Example

The rich get richer and the middle class get poorer.

Have a Great Weekend ! :)

via Middle Class and Profit | Dhananjay Parkhe | LinkedIn.

‘India spends mere 0.032% of GDP on senior citizens’ | Latest News & Updates at Daily News & Analysis


India is home to one in every 10 senior citizens of the world, yet the country spends a mere 0.032% of its GDP on them and they are subjected to neglect and isolation, according to a study. As per the ‘State of India’s Elderly-2014′ report by HelpAge India, the country has 100 million elderly and by 2050 the figure is likely to triple to 324 million.

Representational Image File Photo

India is home to one in every 10 senior citizens of the world, yet the country spends a mere 0.032% of its GDP on them and they are subjected to neglect and isolation, according to a study. As per the ‘State of India’s Elderly-2014′ report by HelpAge India, the country has 100 million elderly and by 2050 the figure is likely to triple to 324 million.

“But there are not enough dependable community support systems matching this growth,” said Mathew Cherian, Chief Executive Officer of HelpAge. Justice Leila Seth, Chief Guest at the occasion, said “neglect, poverty and isolation” were the major issues affecting the elderly people.

“The elderly population is subjected to neglect and isolation. Losing one’s dignity can harm you more than ageing. Lack of love can be a bigger evil than lack of laws to protect you. “Though elderly continue to face troubles across various strata, the problem worsens when poverty is thrown in,” she said. The report also talked about the need for an effective pension system.

“We have been fighting to regulate the pension system nationally with the introduction of universal pension, but it is a long road ahead vis a vis implementation,” said Cherian. “We have approached Finance Minister Arun Jaitley for the budgetary support to the segment ahead of the Budget Session,” he said.

The report states that the ongoing National Programme for Health Care for Elderly is being implemented in only 13 out of the around 600 districts of the country. While Goa fares better in providing a pension amount of Rs 2,000 per month to the elderly, Bihar does not shell out a single pie, it said.

via ‘India spends mere 0.032% of GDP on senior citizens’ | Latest News & Updates at Daily News & Analysis.

#SpyCamSena against Corruption – Satire :)


#SpyCamSena against Corruption - Satire :)
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

#SpyCamSena against Corruption – Satire :)

I just read this article today. I knew it can only happen in India ! It is also the birthright and Exclusive from the New Ruling Party in New Delhi – Aam Aadmi Party ! :)

Headline of this FAKE website shouted : “Finally, Modi Government gets the support of its bitter Opposition for his ‘Make in India’ Campaign ! ( It may not get it for the passage of the Reformist bills though ! :) )

Some Un-Real News First followed by some Real web news -

  • Ruling Party in Delhi supports the idea of making and marketing SpyCams in SEZ in Delhi. It believes that it is Business of the Government to be in Business in order to fulfill its ambition of Free WiFi, Free Water and Free Electricity :)
  • Supports the cause of Skill Development ‘STARS III’ training program for unemployed Youth with a subsidy of Rs. 10000 each and a free training program, certificate and a job in #SpycamSena in New Delhi.
  • China responds in the WTO against the ‘Unfair Playing Ground’ for its Spycam manufacturers and deploys 150 Million Cameras across North and North-East borders with India.
  • The The Arvind Kejriwal-led Delhi government is all set to launch an anti-corruption app which will turn your smartphone into a handy spy cam to conduct sting operations on officials demanding bribes, sources said. Sources said that the app, likely to be launched next week by the chief minister, will directly upload any recording done through it onto a government server to which it will be linked. The launch of the smartphone application is a part of the Aam Aadmi Party (AAP) government’s efforts to revamp an anti-corruption helpline it had launched during its earlier 49-day stint. According to a senior government official, while people were able to conduct sting operations on their own and send the recordings to the helpline for action, many complained they were caught while filming acts of bribery and lost the recordings as their phones were confiscated. The app would take care of this concern as recordings would be directly transferred to the government server. “Even if people are caught conducting a sting operation using our app, the recording will be safe as it will get transferred to the government server, which will be monitored by the anti-corruption branch,” said a senior government official. Deputy chief minister Manish Sisodia, who heads the vigilance department, told HT that staff strength would be boosted to ensure more anti-corruption raids. “Apart from the existing helpline, we will use technology-oriented services to ensure people can send in their complaints to us,” he said. In AAP’s earlier stint, the anti-corruption helpline (011-27357169) received 10,000 calls on an average every day following which the government launched another four-digit helpline (1031) where people could send in recordings of sting operations conducted by them.
  • The BJP and Congress Presidents responded by announcing their Ombudsman to receive Whistleblowers complaints with ‘guarantee of immunity’ for complaints against its Office bearers, MP, MLAs, Corporators, Municipal councillors, Ministers and also the ‘Old-Age Home Pensioners ( read: favorite sycophants) occupying high offices as Governors, Committee Chairman, CMDs and NEDs in PSUs and PSU Banks.

The News delights me and it has got the focus of Anti-Corruption activitists across the world :) . They have posted their special correspondents in all Capitals of India to see whether India now passes the much-argued and hyped ‘Lokpal Bill’ . :)

Quorum, Current Ratio, Equity and Credit Markets


Quorum, Current Ratio, Equity and Credit Markets
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Quorum, Current Ratio, Equity and Credit Markets

Term of the Day

quorum

Fixed minimum number of eligible members or stockholders (shareholders) who must be present (physically or by proxy) at a meeting before any official businessmay be transacted or a decision taken therein becomes legally binding. Usually thearticles of association or bylaws of a firm specify this number, otherwise the number prescribed in corporate legislation (such as company law) is followed.

Learn more about this term
Usage Example

Sure enough, within a few minutes, the chamber failed to muster quorum for a major vote on a forestry bill.

Term of the Day

current ratio

An indication of a company’s ability to meet short-term debt obligations; the higher the ratio, the more liquid the company is. Current ratio is equal tocurrent assetsdivided by current liabilities. If the current assets of a companyare more than twice the current liabilities, then that company is generally considered to have good short-term financial strength. If current liabilitiesexceed

Learn more about this term
Usage Example

With a current ratio of 3.1:1.0 at the end of third-quarter 2012, Total System also appears well-equipped to meet most of its capital expenditure needs through internal funds, while also indicating disciplined expense management.

Notable Quotable
“I can’t figure the stock market out. I think it’s wacky. I have done well with a long term strategy and will continue being a long term investor. -Scott McNealy”

Today’s Financial Tip

The Key Difference Between Equity Markets and Credit Markets click the link to read more.

The stock market can close down for a while and it really doesn’t matter all that much. The primary function of the stock market is not to finance company operations, it is to price assets. Companies go public …

Demand n Demography and Provoke Thoughts InCSuite


Demand n Demography and Provoke Thoughts InCSuite
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Demand n Demography and Provoke Thoughts InCSuite

Happy Chinese New Year – The Year of Goat.

Notable Quotable
“Acquaintance: a person whom we know well enough to borrow from, but not well enough to lend to.” :)
-Ambrose Bierce

demography

study of both quantitative and qualitative aspects of human population. Quantitative aspects include composition, density, distribution, growth, movement, size, andstructure of the population. Qualitative aspects are the sociological factors such aseducation quality, crime, development, diet and nutrition, race, social class, wealth, well being.

Learn more about this term
Usage Example

The demography patterns in the past few decades show interesting patterns in immigration in the United States.

Term of the Day

demand

The amount of a particular economic good or service that a consumer or group ofconsumers will want to purchase at a given price. The demand curveis usually downward sloping, since consumers will want to buy more as pricedecreases. Demand for a good or service is determined by many differentfactors other than price, such as the price of substitute goods andcomplementary goods. In extreme…

Learn more about this term
Usage Example

A lowered Chinese GDP then leads to lowered expectations for growth, and leads to a decreased demand for natural resources, such as crude oil, iron or silver.

What kind of Talk is this?

The False Uncertainty: Pretending you’re not sure when, in fact, you are. Typical usage: “You know, when I think about it I’m not so sure shutting down that facility isn’t the best option after all.” Oh yes, they’re sure; they’re just trying to create buy-in or a sense of inclusion by pretending you still have an open mind… or you’re planting seeds for something you know you will eventually do.

Never say you aren’t sure unless you are truly willing to consider other viewpoints.

Blogger Dream Team – Aspiring to Join Harsha Bhogle? Well, I am ! :)


About the Campaign

Dream Team is an initiative to hunt India’s top bloggers, who will pen down their passion for the World Cup into words. The team of 11 bloggers will be handpicked by Harsha Bhogle based on quality of writing & knowledge.

The Dream Team Bloggers will own the coveted Harsha Certified Blogger Badge. There are also other gifts and recognition to be won.

THEME: Write a blog on how the Cricket World Cup has changed over the last few years based on anyone of the below themes:

  1. STYLE – have players become more fashion conscious?
  2. PERFORMANCE – have standards lifted or dropped?

  3. TECHNOLOGY – a boon or a bane?

  4. TRAVEL – what are the great cricket holiday destinations? DEADLINE: You have until 10th March, 2015 to submit your entry. Please submit the blog entry through Blogmint to be considered for the Harsha Dream Team.

REWARD: On 16th March, Harsha will pick his Dream Team of 11 bloggers, who will get a Harsha-certified badge of honour! The Top 3 bloggers will also get a Kindle reader!

Provoke Thought – #InCSuite – Analytics, Arbitration and Quotable


Provoke Thought - #InCSuite - Analytics, Arbitration and Quotable
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Provoke Thought – #InCSuite – Analytics, Arbitration and Quotable

Term of the Day

analytics

The field of data analysis. Analytics often involves studying past historical data toresearch potential trends, to analyze the effects of certain decisions orevents, or to evaluate the performance of a given tool or scenario. The goal of analytics is toimprove the business by gaining knowledge which can be used to makeimprovements or changes.

Learn more about this term
Usage Example

“One of the tricky things about reading analytics from within an email service provider is that often you dont know whether your numbers are good or bad,” Yin said.

Term of the Day

arbitration

A process in which a disagreement between two or more parties is resolved by impartial individuals, called arbitrators, in order to avoid costly and lengthylitigation.

Learn more about this term
Usage Example

Arbitration will come up a unified conclusion and solution.

Thought: How many times a CEO plays the Arbitrator within the C Suite to deal with ‘Dissonance’ and ‘Dissent’?

Notable Quotable
“Taxes and golf are alike, you drive your heart out for the green, and then end up in the hole.”
-Source unknown

Ministry-wise PIB releases


News from Transparency International


Today’s top story

India: Anti-corruption party sweeps Delhi elections in blow for Narendra Modi
The Guardian

India’s political elite has been left reeling after a radical anti-corruption, anti-establishment party led by a self-confessed anarchist swept to power in the capital of the world’s biggest democracy.

More news

Multimedia of the week

Blogs and opinion

News from Transparency International

Today is : Don’t Cry over Spilled Milk Day


Today is : Don't Cry over Spilled Milk Day
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Today is : Don’t Cry over Spilled Milk Day

Did you know… … that today is Don’t Cry Over Spilled Milk Day? Today is a day to be optimistic, think positive, look on the bright side, and to find something good in everything that happens.

As the song says:

Don’t Worry, be Happy! Participate in “Don’t Cry over Spilled Milk Day” with an optimistic attitude and a smile on your face! ~~~

Today’s Inspirational Quote:

“Grudges are a waste of perfect happiness. Laugh when you can, apologize when you should, and let go of what you can’t change.” — George Carlin

Democracy,Vote,Eradication,Annihilation,Gentrification


Democracy,Vote,Eradication,Annihilation,Gentrification
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Critic

Democracy,Vote,Eradication,Annihilation,Gentrification

This post has some great Terms. It is a commentary about the recently held elections in New Delhi – the City/ Capital/ State of India. The Ruling BJP and the GOP Congress have suffered a huge loss to a relatively unknown party AAM AADMI PARTY that emerged just about couple of years ago; – few terms come to my mind, and I would like the C Suite to ponder over them from a Political Risk perspective.

  1. Democracy is defined as a form of government in which people choose leaders by voting Or what happens in a country ruled by democracy Or an organization or situation in which everyone is treated equally and has equal rights
  2. When Voters Choose One Side fully in a Democracy – It is a Massacre by Voters : Politics then looks like a game or competition in which one person or team easily defeats another. This is not a Healthy situation for Democracy.
  3. This can lead to Movements like Occupy India. Have you Ever wondered,Why did the Occupy movement fail to take root in India? The basic reason is that the Indian middle class is so infused with the ideology of the caste system that it can never easily identify itself with the lower strata of society to say that we are the 99.99%. Even the Winning Party Aam Aadmi Party’s chief made his ‘Gotra’ or Sub-sub-Caste an Election issue in Delhi State Election.
  4. Gentrification is What follows. Gentrification the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents. This leads to greater Polarisation and Ghettoisation of the Urban areas. Smaller States like Delhi who have limited land find it difficult even to convert their Sub-urban areas into SMART and SAFE livable for the Poor and Daily Wage Earner populate.
  5. My Word of the Day is: Eradicate Which Means “To uproot or do away with completely”. BJP gave the ‘Eradication of Congress’ call – i.e. Congress Mukt Bharat and while Congress was eradicated – BJP also lost heavily on this political chessboard.
  6. To annihilate is to destroy (something or someone) completely Or to defeat (someone) completely. The Rout of Congress is complete in the Capital city of India. But, it has left the Challenger BJP mauled badly.

Personally, I think Victors need to be complimented but I think Victory of this nature is a Great Political Risk and Business would tread very carefully if they have plans to Start Up or grow in the State of Delhi.

Ministry-wise PIB releases


ROI, Commodity and Wise Saying on Money


Notable Quotable
“The only thing wealth does for some people is to make them worry about losing it.”
-Antoine de Rivaroli

Term of the Day

commodity

  1. A physical substance, such as food, grains, and metals, which is interchangeable with another product of the same type, and whichinvestors buy or sell, usually through futures contracts. The price of the commodity is subject to supply and demand. Risk is actually the reasonexchange trading of the basic agricultural products began. For example, a farmer risks the cost of producing a product
Learn more about this term
Usage Example
Gold on the Multi Commodity Exchange traded at 30,916 rupees per 10 grams, up 0.18 percent.

Term of the Day

return on investment (ROI)

The earning power of assets measured as the ratio of the net income (profit less depreciation) to the average capital employed (or equity capital) in acompany or project.

Today’s top story

Mexico: Corruption in Mexico: The right place to start
The Economist (TI mention)

It is not every day that a president launches an investigation into his own affairs, but that is what Mexico’s leader, Enrique Peña Nieto, has just done.

More news

Multimedia of the week

Blogs and opinion

Kenya: Let Kenya not ‘chicken’ out of graft cases
Daily Nation (TI mention)

News from Transparency International

Expressed usually as a percentage, return on investment is a measure ofprofitability that indicates whether or not a company is using its resources in an efficient manner. For example, if the long-term return on…

Credit, Balance sheet and Switch from Politics to Business.


Credit, Balancesheet and Switch from Politics to Business.
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Connoisseur, Critic and Art Appreciators

Credit, Balancesheet and Switch from Politics to Business.

Notable Quotable
“The hardest thing in the world to understand is the income tax.” -Albert Einstein

Term of the Day

credit

  1. A contractual agreement in which a borrower receives something of valuenow and agrees to repay the lender at some later date. When a consumerpurchases something using a credit card, they are buying on credit (receivingthe item at that time, and paying back the credit card companymonth by month). Any time when an individual finances something with aloan (such as an automobile or a
Learn more about this term
Usage Example

If you are a member of a credit union, or know of one that you could join, this could be your best option since credit unions are non-profit organizations.

Term of the Day

balance sheet

A condensed statement that shows the financial position of an entity on a specified date (usually the Last day of an accounting period).

Among other items of information, a balance sheet states (1) what assets the entity owns, (2) how it paid for them, (3) what it owes (its liabilities), and (4) what is theamount left after satisfying the liabilities. Balance sheet data is based on a

Learn more about this term
Usage Example The first section contains vital financial information on the company including its cash flow, balance sheet, shareholder equity etc.

Daily Corruption News from Transparency International:

Today’s top story

Germany: Germany to regulate switch from politics to business
Deutsche Welle (TI mention)

When former German chancellor, Gerhard Schröder, joined the supervisory board of pipeline consortium Nordstream in March 2006, it raised a few eyebrows – and not just because Russia’s state-owned Gazprom is involved in the project.

Indonesia: Indonesia police feud with anti-graft agency prompts outrage
Reuters

Nigeria: Corruption, Boko Haram cast long shadow over Nigeria’s tense campaign
The Globe and Mail

Panama: Martinelli flies from Panama to Miami as corruption probe moves
Bloomberg

Turkey: Turkey fails to comply with corruption measures, remains ‘globally unsatisfactory’
Today’s Zaman

Singapore: Former Singapore Customs officer jailed, fined for corruption
Channel News Asia

Uganda: Confiscate ill gotten gains from corrupt officials, Ugandans tell their MPs
The Africa Report

US: Navy contractor at center of scandal is helping investigators, documents show
Washington Post

Italy: Corrupt politicians can only look on in horror as Mr Integrity takes Italian presidency
The Conversation
News from Transparency International

Web feature: Tackle instability and terrorism by fighting corruption
On the blog: Northern shadows: Norway doesn’t always practise what it preaches

Should Strategy be revealed In Dribs and Dabs


Should Strategy be revealed In Dribs and Dabs
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe Art Connoisseur, Critic and Art Appreciators

Should Strategy be revealed In Dribs and Dabs

What is “in dribs and drabs” ?

  • in small portions = bit by bit.
  • e.g. I’ll have to pay you what I owe you in dribs and drabs.
  • e.g.The whole story is being revealed in dribs and drabs.
  • e.g. in dribs and drabs small amounts few time.
  • e.g. We could only afford to pay the builder in dribs and drabs.
  • e.g. The hostages have been released in dribs and drabs.
  • e.g. in dribs and drabs = small amounts.
  • e.g. She says she keeps getting information in dribs and drabs.

The question I ask is whether it is prudent to Reveal the Strategy in Dribs and Drabs or it should be revealed in:

1. Full – to a very small number of people who ‘Need to know’. Or

2. In Silo – that is – Each function and person knows only a part which is relevant to him or their function? Or

3. Not at all – Just release it in small doses at appropriate stages of the Plan. This condition pre-supposes that there exists an Operating Plan for a Period ( usually one year) and a linkage to a broad strategy is explained to the Implementing Team.

What is it that you think? Is there another way?

I was speaking to a Learned Strategist and Mentor and he once said to me – Strategy is not changed often like a Plan. Plans undergo changes periodically depending upon the Situational Analysis but Strategy once set Remains. This was a trigger for me to ask the question – Should Strategy be revealed in Full, In Silo, Not at all or in Dribs and drabs.

Capital Gains, Analyst and Market Equillibrium


Capital Gains, Analyst and Market Equillibrium
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Capital Gains, Analyst and Market Equillibrium

capital gain

Definition

Profit realized from the sale (disposal) of a capital asset, or from holding it during aperiod when its market value is increasing. Such gains usually attract capital gains tax.

Use capital gain in a sentence

  • After purchasing a real estate property to flip, the developer posted a largecapital gain after selling the property for a much higher price than the original purchase price.

Read more: http://www.businessdictionary.com/term-of-day.php#ixzz3QpTv8vAe

Term of the Day

analyst

An employee of a bank, brokerage, advisor, or mutual fund who studiescompaniesand makes buy and sell recommendations, often specializing in asingle sector orindustry. Analysts use a wide variety of techniques forresearching and makingrecommendations. The reports and recommendations they publish are often used by traders, mutual fundmanagers, portfolio managers and investors in their

Learn more about this term
Usage Example

Many investors and traders use the reports that analysts produce before making any investing decisions.

Notable Quotable
“The IPO market is never in equilibrium. It’s either too hot or too cold. Buy in the cold periods.”
-Jay Ritter

Ministry-wise PIB releases


Ministry-wise PIB releases

GDP, Attribute and Enjoying Wealth


GDP, Attribute and Enjoying Wealth
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

GDP, Attribute and Enjoying Wealth

Term of the Day

attribute

1. Marketing: A characteristic or feature of a product that is thought to appealto customers. Attributes usually represent a manufacturer’s or a seller’sperspectiveand not necessarily that of a customer. Attributes of instant coffee, for example, may include its aroma, flavor, color, caffeine content,packaging and presentation, price, shelf-life, source, etc. Attributes have only two…

Learn more about this term
Usage Example

The marketing campaign highlighted the attribute that they believed would convince the most potential consumers to purchase the product.

Term of the Day

Gross Domestic Product

GDP. The total market value of all final goods and services produced in a country in a given year, equal to total consumer, investment and governmentspending, plus the value of exports, minus the value of imports. The GDP report is released at 8:30 am EST on the last day of each quarter and reflects the previous quarter. Growth in GDP is what matters, and the U.S. GDPgrowth has historically…

Learn more about this term
Usage Example

To compare the health of multiple country’s economies it is best to look at theGross Domestic Product of each individual country.

Notable Quotable
“Wealth is not his that has it, but his that enjoys it.”
-Benjamin Franklin

Is there something called a ‘Right Attitude’. -Satire :)


Is there something called a 'Right Attitude'. -Satire :)
Dhananjay Parkhe

Senior Citizen, Amateur Artist.Wannabe connoisseur art critic

Is there something called a ‘Right Attitude’. -Satire :)

Many candidates write the oft repeated lines as their Objective in the CV – Right Attitude and Right Altitude or something like that. :)

It always made me wonder if so many of them have ‘Right’ Attitudes – we may soon have a ‘Problem of Plenty’ in the C Suites of Corporates and the Skies will not be enough and we will have to trans-Port/ Transfer some people to other promising planets like Moon or Mars!

That brings me to the Question – Is there something called a ‘Right Attitude’.

What is Attitude? I read somewhere:

What is an attitude? An attitude is a point of view (POV) about a situation. An attitude has three components. An attitude is made up of:

  • What you think.
  • What you do.
  • What you feel

No matter what situation you are in you always have certain thoughts about it. Youalso have an emotional response to it, and you behave a certain way in it. To begin changing your attitude you either change your thinking, the way you act, or the way you feel. Two of these choices are easier to influence than the third.

Whenever life acts we respond. If we win the lottery we might be happy. If we lose our job we may be angry. Whatever our reaction it will depend upon our attitude.Fortunately, we control our attitudes.

In determining how we face life it is our attitude that is the key. You may agree or disagree with : “You are responsible for all of your experiences of life.” This statement is absolutely true but it is somewhat of a trick. The trick is that it does not say “in life” but “of life.” You are not responsible for everything that happens to you, but you are responsible for how you react to what does happen to you. The formula is that, “Life acts. You react.”

Makes Sense, No?

Again – Definition of Attitude = a favorable or unfavorable evaluative reaction toward something or someone, exhibited in ones beliefs, feelings, or intended behavior (Myers, p. 36).

It is a social orientation – an underlying inclination to respond to something either favorably or unfavorably.

Components of attitudes.

a. Cognitive – our thoughts, beliefs, and ideas about something. When a human being is the object of an attitude, the cognitive component is frequently a stereotype, e.g. “welfare recipients are lazy”

b. Affective – feelings or emotions that something evokes. e.g. fear, sympathy, hate. May dislike welfare recipients.

c. Conative, or behavioral – tendency or disposition to act in certain ways toward something. Might want to keep welfare recipients out of our neighborhood. Emphasis is on the tendency to act, not the actual acting; what we intend and what we do may be quite different.

Let us now see what is Ideal?

IDEAL : An ideal is a standard by which one lives. “The ideal gives us a sense of stability, guidance and orientation, as well as a criterion for judgments.” (Puryear & Thurston, 1987, p. 95)

“An ideal is not a goal. It is a motivational standard by which to evaluate our goals and our reasons for pursuing those goals. The goal is what; the ideal is why! A spiritual ideal is not so much a goal toward which we move as it is the spirit in which we grow. It is a living and dynamic standard by which we quicken and measure our daily motivation.” (Puryear, 1982, p. 112)

Let us look at the following interesting quote:

“Never love anyone who treats you like you’re ordinary.” – Oscar Wilde

I saw this question on a Q&A website once. “What’s the ideal attitude towards a person who considers you a fool for being good to him or her?” :)

The best answer chosen was ” “If you encounter a person, who for one reason or the other, live with life long battered self-esteem, gravely look down on him or herself, to the extent that, if you have reasons to appreciate, love or treat such person better than he or she thinks is deserved and responds by making you feel very much like a fool for doing that, what’s the best way of dealing with such person? So, that you don’t hurt them or yourself.”

Now let us look at the original Question I asked – Is there something called ‘Right Attitude?”

  • The goal is what; the ideal is why!
  • “The ideal gives us a sense of stability, guidance and orientation, as well as a criterion for judgments.”
  • An attitude is a point of view (POV) about a situation. An attitude has three components. An attitude is made up of:
    • What you think.
    • What you do.
    • What you feel

Let us now try and combine the two and what do we have ? We said earlier, ‘What’ is a Goal and ‘Why’ is an Ideal. So let us say the Reason ‘Why’ with a POV would / should help us define Right Attitude. No?

So the Positive Traits of Idealist Attitude are said to be: Ability to coalesce ideals, Cheerful, Optimistic, Finds new ways of doing things, Makes a positive mark in the world, Sees the bright side of life, Sees the world as how it “should” be,

And the Negative Traits are: False expectations, Greatly disappointed, Out of touch with real world, Naive, Pie in the sky, Unrealistic outlook.

Many Idealists are full of aphorisms — wise sayings. They quote these to others when they believe the occasion demands it. Such things as “It’s all for the best”, or “It will all work out”, or “People do the best they can” are some examples.

The Opposite of the Idealist Attitude is the Intellectual Center. Idealists are sometimes anti-intellectual, meaning they regard reason and logic as limited, unable to encompass the totality of existence. Idealists and Intellectually centered people comprehend reality in quite different ways, both limited. When both are present in the same person, it can create internal contradictions and inconsistencies.

The complement of the Idealist Attitude is the Skeptic Attitude. “For believers, no explanation is necessary. For nonbelievers, no explanation is possible.” That statement sums up the difference between the two extremes of Skeptic and Idealist.

Trust is a big issue with both Attitudes. Idealists rarely check things out or question them. Idealists think they already have all the answers inside themselves, so there is no use investigating the world to discover them. Idealists are rarely suspicious. Rather, Idealists give others their trust and if it is ever lost it is because the others proved themselves untrustworthy. Even then, Idealists are liable to invoke extenuating circumstances so that they can still believe in the goodness of others and the beauty of the world.

Skeptics are more penetrating in their thoughts, but Idealists get the overview, the big picture. Skeptics and Idealists are both concerned with issues of “what is reality” and “what is illusion”.

Skeptics see the physical universe as reality and anything else as illusion. They say mind is a product of matter. Idealists see principles and ideas as the ultimate reality, and everything else as illusion. They say the physical universe is a product of an infinite mind.

Is this why they say that your Attitude decides the Altitude you will attain in Life? I am confused enough:) Hope you are too:) !

Have a Great day.

Pictures Credit: Amateur Artist – Dhananjay Parkhe

Recovery, Annuity and Intutive Factor?


Recovery, Annuity and Intutive Factor?
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Recovery, Annuity and Intutive Factor?

Term of the Day

recovery

1. Accounting: (1) absorption of a cost through its allocation to an appropriateaccount. (2) collection of receivables that were written off as bad debt.
2. Banking: collection of a loan amount from a borrower in default.
3. disaster planning: Activities or steps that are to be implemented after a disaster toreturn all operations and systems to their normal status.
4. Economics: phase in…

Learn more about this term
Usage Example

The economic recovery began once the unemployment rate dropped and more companies began hiring again, thus pulling the nation out of a recession.

Term of the Day

annuity

  1. A contract sold by an insurance company designed to provide payments to theholder at specified intervals, usually after retirement. The holder istaxed only when they start taking distributions or if they withdraw fundsfrom the account. All annuities are tax-deferred, meaning that the earningsfrom investments in these accounts grow tax-deferred until withdrawal. Annuity earnings are also…
Learn more about this term
Usage Example

One form of saving for retirement is an annuity, where funds can be grown until annuitization and then are paid out in the form of a steady cash flow throughout retirement.

Notable Quotable
“The surest way to establish your credit is to work yourself into the position of not needing any.”
-Maurice Switzer

“Your intuitive factor is what picks up other peoples vibration” ― Bob Proctor

Everyone has an intuitive factor and anyone can develop this mental faculty through exercise. Learn to trust that voice …

THE INTUITIVE FACTOR: Genius or Chance?

Examines the psychology of intuition-that sudden insight into the truth or facts of a situation-showing how intuition figures in our everyday lives, from our dreams and family relations to business decisions.

  • What exactly is intuition?
  • Where does it come from?
  • Who is intuitive?
  • How accurate is intuition?

I thought these oft repeated terms are a good thing to provoke thoughts today.

Have a Great Day Ahead.

(Paintings above by Amateur Artist – Dhananjay Parkhe)

Ministry-wise PIB releases


Are you Courageous?


Are you Courageous?
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Are you Courageous?

Today’s Inspirational Quote:

“I may not be there yet, but I’ll get there. No matter what it takes, I’ll get there. I refuse to let the trivial things of today weigh down my tomorrow.” — Author Unknown

We are never granted a wish without the power the make it True. We, However, have to work for it. – Author unknown

ALL BULLSHIT ASIDE, NOW IT IS TIME TO BE HONEST. I FEAR NO MAN, FOR DEATH IS ALL THAT IS PROMISED. 50 CENT
“Courage is asking for a time-out, to shed a tear, to dust yourself off, and then getting back in the ring to fight like you’ve never fought before.” – Author Unknown
Read, every day, something no one else is reading. Think, every day, something no one else is thinking. Do every day, something no one else would be silly enough to do. It is bad for the mind to be always part of Unanimity “.

CHRISTOPHER MORLEY
WHEN EVERYTHING SEEMS TO BE GOING AGAINST YOU, REMEMBER THAT THE AIRPLANE TAKES OFF AGAINST THE WIND, NOT WITH IT.

Have a Great Day !

Much Ado about “Chemistry” … Satire :)


Much Ado about "Chemistry" ... Satire :)
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Much Ado about “Chemistry” … Satire :)

The Indian PM bragged. He loves to do it and he is a Style and Fashion Icon so does it in Style – rather fashionably. He is an anti-thesis to the previous PM who was known for his Quietude !

Apart from his Kurta, His Jacket and Personal Name in a PinStriped suit – he is setting trend with some famous Quotes ( Bytes for the Media – if you like). Recently, He called the POTUS Name. No not Names – by his Name ! He also talked about the Personal Chemistry he enjoyed with him as also with the PM of Japan, President of China and few small nations where he doled out Lines of Credit – even before the BRICS bank could take shape :). Advance booking perhaps ! He Knows ! (No, perhaps God and PM’s Finance Minister also perhaps does not know). He is impulsive. He thinks on his feet.

Creates Goals without Plans and fundamentals and gives very reasonable ‘Deadlines’ (if they can be so called) of convenient 6 to 15 years when he may or may not be there as PM to be held accountable. I saw a ‘Whispers in the Corridors” website with a Question with his photo asking “Who are Modi in 2024 ?” The Editor or Column writer must be very optimistic.
But, I digressed. Pardon these Senior moments of verbosity but we were on the subject of ‘Chemistry’. Now – I wasn’t very good in school in this subject and could not afford the Tutor fees by my One eyed Class teacher who had lost his one eye during a school experiment. Truly and sadly. No jokes about it. In college of course I did well with Soil Science and Chemistry and hence liked Modi’s comments as they come very close with his lofty Clean Indian and Clean Ganga campaigns ( Even the Supreme Court has passed severe comments about the later one and its tardy progress ! ).
It is said that Chemistry in a relationship is like a performance; one is electrifying and another is boring.
It is like and Chances are high that you’re reading this because you’re in a relationship lacking in chemistry and wondering whether to stay or go. Maybe the chemistry was once there, but you no longer feel “in love.” Or it was never there and you suspect you made a big mistake.
Consider this: Maybe the real issue isn’t so much the lack of chemistry but some other problem you haven’t identified.

Much like the Hot, Warm and Cold Sales Prospects in a Salesman’s Agenda Planner – As per Wikipedia, In general terms, there are 3 main types of chemistry, which are defined in terms of the nature of the rapport between the respective people:

Good chemistry – good rapport . Imagine, A time you met someone with whom you had great chemistry. In “good chemistry,” people have good rapport. Because their communication styles match or complement each other, and they make similar assumptions, it’s easy to create rapport, and they rarely bump each other out of rapport. An interaction where you expected good chemistry, perhaps because the other person was smart or physically attractive, but instead you felt no chemistry.

No chemistry – find it hard to create rapport. In “no chemistry,” people have a much harder time establishing rapport. Because of differing communication styles, habits, and assumptions, these people tend to disrupt what rapport they have.

Bad chemistry – have no rapport, or have negative rapport. In “bad chemistry,” people may be drastically out of rapport. Or they might be deep innegativerapport, where each person’s behavior triggers conflicting responses in the other .A time when you had bad chemistry with someone. You immediately felt uncomfortable or disliked them — perhaps before either of you spoke!
Now compare: How easy was it to get and stay-in rapport with each person?

There are of course various manifestations of chemistry such as: sexual chemistry, romantic chemistry, emotional chemistry, activity chemistry, team performance chemistry, creative chemistry, intellectual chemistry, and empowerment chemistry”. But, I don’t wish to either go there even as a digression ! :)

So What is personal chemistry, after all?
My dictionary defines personal chemistry as the emotional and psychological way two people relate to each other, especially when experienced as a powerful mutual attraction.

Example:“Their intense sexual chemistry almost tempted them into an affair.” When you’re not attracted to someone, that’s “no chemistry,” and when you dislike them on sight, that’s “bad chemistry.”

Personal chemistry = rapport

What kinds of chemistry work for you?
As you think back to your best, worst, and ho-hum relationships, notice what patterns of chemistry (or lack of it) work best for you:
What kinds of chemistry work well in your romantic relationships? Friendships? Work relationships?
Where is it important to not have certain kinds of chemistry? Since my father did intellectual work, he enjoyed not having deep intellectual rapport with my mother. It gave him a chance to rest his mind and reconnect emotionally.

Finally sharing the Types of relationship chemistry
Personally, I like to think of chemistry in terms of:
Sexual chemistry — physical attraction and rapport
Romantic chemistry — a special type of emotional rapport that generates feelings of romantic love.
Emotional chemistry — the kind of emotional rapport you have with people you immediately like and want to be friends with.
Activity chemistry — you want to do particular activities with this person, even if you don’t have much else in common.
Team performance chemistry — great sports teams and music groups have physical rapport that helps the players play synergistically.
Creative chemistry — you work well creating together.
Intellectual chemistry — When we work with equally talented people with whom we don’t have good intellectual rapport, we don’t accomplish nearly as much.
Empowerment chemistry — you could also call this spiritual chemistry.

Different Perspective:

Indian Film Industry added its own – ‘Chemical Locha in the brain’ for Psychological issues :) .

Agent and Infrastructure


Agent and Infrastructure
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Agent and Infrastructure

Term of the Day

agent

party that has express (oral or written) or implied authority to act for another (the principal) so as to bring the principal into contractual relationships with other parties. An agent is under the control (is obligated to) the principal, and (when acting within the scope of authority delegated by the principal) binds the principal with his or her acts. Additional powers are assigned to…

Learn more about this term
Usage Example

Through experience and industry knowledge, a real estate agent has the ability to provide hundreds of different and often highly creative options that enable people to purchase a home, land, business space or commercial property.

Term of the Day

infrastructure

The basic physical systems of a country’s or community’s population, including roads, utilities, water, sewage, etc. These systems are considered essential for enabling productivity in the economy. Developing infrastructure often requires largeinitial investment, but the economies of scale tend to be significant.

Learn more about this term
Usage Example

Common target countries and considerations include China, Latin America and developing third world nations, which lack infrastructure but are rich in natural resources.

Notable Quotable
“Power (n): The only narcotic regulated by the SEC rather than the FDA.”
-Anonymous

Two Terms-Policy, Corporation.Thought – Daily Corruption


Two Terms-Policy, Corporation.Thought - Daily Corruption
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Two Terms-Policy, Corporation.Thought – Daily Corruption

Today I share with you two known terms – Policy and Corporation with a Notable Quote and some interesting links from Daily Corruption News worldwide which I subscribe to.

Term of the Day

policy

1. Politics: (1) The basic principles by which a government is guided.
(2) The declared objectives that a government or party seeks to achieve and preserve in the interest of national community. See also public policy.
1. Insurance: The formal contract issued by an insurer that contains terms and conditions of the insurance cover and serves as its legal evidence.
1. Management: The set of…

Learn more about this term
Usage Example

Sometimes in the workplace, what the policy says to do and what people are doing are two different things.

Term of the Day

corporation

The most common form of business organization, and one which is charteredby a state and given many legal rights as an entity separate from its owners. This form ofbusiness is characterized by the limited liability of its owners, the issuance of sharesof easily transferable stock, and existence as a going concern. The process of becoming a corporation, call company

Learn more about this term
Usage Example

Deciding which type of corporation is the best for your business can be a confusing and tedious task.

Notable Quotable
“It’s no accident that the largest investment house in the world, Merrill Lynch, has a bull for a mascot, and took ‘Bullish on America’ for its corporate motto. No investment house has dared adopt the slogan ‘Bearish on America’, even during market decline.”
-Anonymous

29 January 2015Today’s top story

Global: Transparency International battles corruption worldwide
Christian Science Monitor (TI mention)

When Carmela, a middle-aged woman in a makeshift homeless settlement in Venezuela, witnessed her grown son being beaten and dragged out of his apartment by the police, she knew that arranging for his freedom would be a difficult task.

More news

Global: UK Alstom bribery investigation swings spotlight onto Hungary
Reuters

Pakistan: Convicted spot-fixer Mohammad Amir cleared to return to cricket in Pakistan
The Guardian

Panama: Panama to launch corruption inquiry into former president
The Guardian

South Korea: Bombardier Transportation accused of corruption in South Korea
CBC

Sri Lanka: Sri Lanka reinstates impeached chief justice
Malaysia Insider

Blogs and opinion

Global: Lobby groups’ influence ‘damaging democracy’
Deutsche Welle

Spain: Podemos maybe could
Breaking Views

News from Transparency International

On the blog: To the new Greek government: Keep your promise to fight corruption
Press release: Transparency International supports Indonesia anti-corruption commission

Your suggestions and ideas welcome.

Two Terms – Net Worth and Money


Two Terms - Net Worth and Money
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Two Terms – Net Worth and Money

Term of the Day

net worth

  1. For a company, total assets minus total liabilities. Net worth is an important determinant of the value of a company, considering it is composed primarily of all the money that has been invested since itsinception, as well as the retained earnings for the duration of itsoperation. Net worth can be used to determine creditworthiness because it gives a snapshot of thecompany’s investment…
Learn more about this term
Usage Example

Angels are usually high net worth individuals that are looking to invest in companies for various reasons.

Term of the Day

money

Anything of value that serves as a (1) generally accepted medium offinancialexchange, (2) legal tender for repayment of debt, (3) standard of value, (4)unit of accounting measure, and (5) means to save or storepurchasing power. See also cash.

Learn more about this term
Usage Example

They may be willing to loan you money or buy into an equity stake in your firm if they believe in the idea.

Notable Quotable
“Anyone who thinks there’s safety in numbers hasn’t looked at the stock market pages

-Irene Peter”

Two Terms – Ratios and Mutual Funds


Two Terms - Ratios and Mutual Funds
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Two Terms – Ratios and Mutual Funds

Term of the Day

ratio

result of one number or quantity divided by another. Ratios are the simplest mathematical (statistical) tools that reveal significant relationships hidden in mass ofdata, and allow meaningful comparisons. Some ratios are expressed as fractions or decimals, and some as percentages. Major types of businessratios include (1)efficiency, (2) liquidity, (3) profitability, and (4) solvency ratios.

Learn more about this term
Usage Example

Because of the overwhelming ratio of unqualified buyers, business brokers generally are hard to approach.

Term of the Day

mutual fund

An open-ended fund operated by an investment company which raisesmoney fromshareholders and invests in a group of assets, in accordancewith a stated set ofobjectives.

Mutual funds raise money by selling shares of the fund to the sale of their shares…

Learn more about this term
Usage Example

The first place you should look for information when considering investing in amutual fund is the fund’s prospectus.

Quotable Quote of the Day.

“Catch a man a fish, and you can sell it to him. Teach a man to fish, and you ruin a wonderful business opportunity.”
-Karl Marx

Salesmanship Killed by e-Comm? Its Dead Already? Satire:).


Salesmanship Killed by e-Comm? Its Dead Already? Satire:).
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Salesmanship Killed by e-Comm? Its Dead Already? Satire:).

I felt very strongly. Agitated I mean. You know by now that I am on the wrong side of the Age and have my Senior Moments quite often ( as they have become affordable now :) ). Here is what happened.

I was on my Evening Long-Walk and a constant reminder of an ad about Reliance Digital and some great SALE regularly coming in the Newspaper and TV and as insertions by the neighborhood Reliance Digital store was a constant reminder and perhaps the Ad copy or something about the ad was creating a Recall. So when I walked in front of the Store – i entered.

As is typical of Reliance in India – one is greeted by Security Men in Commando fatigues. ( I had been to their HQ and there were Commando teams in full battle gear on Each floor instead of Receptionist – they were manning the Intercoms ! :) ). So I passed the Body-scanner door and went to the first Open Showcase and started looking for – I remembered – ” A Talking Tablet” – meaning – no iPad – may be a Lenovo Yogi or equivalent, may be a Samsung Galaxy Note 4 if nothing else works in the range of 16-20k. I had compared the specs which came in the newspaper, I had watched it on the Gadget Guru TV program. I had even asked my Techie neighbors about them and what’s the best ‘Employee Discounted Price’ they can get me if I chose their company product 1 :) .

So necessarily, the visit to this store was about doing window shopping and Looking, watching, touching, feeling the products on display in the open showcase tied with ‘Alarm Producing’ devices in a Store.

Promptly, an Unshaven, unclean clothes wearing guy walked up to me with a pasted smile – I knew who is coming my way ! A desperate, non-permanent, badly trained, Temp or newly appointed Sales Person for the stor keeper who had hired him solely because the guy was sporting a large display Smartphone and was playing Chat – Chat when he came for the interview to prove his “Digital awareness”, The unkempt beard was soooo.. trendy ! The poor chap in unclean clothes was so Hep ! I knew that trouble is coming my way !

And he did. And he opened his mouth – ” Yes Sir ! ” in a Semi-Loud voice which was even louder than the Security cum Receptionists ! And the Tone told me all ! The guy is hired on a Pure Commission basis ! Decent enough to call it a Days’ Wages by the shopkeeper who does not believe in ‘Overheads’ and does not have any HR people to help him with Restructuring, Resizing leave along doing interviews ! ( Lucky him ! :) ).

Now having done all the Research back home and having been a Mobile, iPhone, iPod, iPad, Samsung, Nokia, Ericsson, Sony user of over 20 years I just looked at him. I thought Age! and I was so Wrong ! I asked – ” Thank you, Can I watch what is on Display without your assistance Please ! ” I saw Retort, Grief, Anger, Pent Up Aggression, Lost Sale and Lost Commission Grief in his eyes ! I just walked away from the shop.

Is Salesmanship Dead? Is e-Comm a Death-knell for Sales People? I asked myself. I started selling at age 12 to Paan-wallah who also stored lot of stuff which you would make a General Store blush. I felt very sad.

I have had the same feeling at the Croma Shops Owned by Tatas. Of course, most of the Sales people are on Rolls. Tata employees even if they speak broken bad Hinglish or Benglish in a very rude tone of voice. Try and sell you all the Extra warranties and small goods (high profit stuff) stored behind the Cashiers. I hear they are changing model and going E-Commerce way – That’s they way to Go Tatas ! I like it. The worst in terms of fulfilling the Warranty and Service AMC contracts I have ever seen apart from HiCare Pest Control, AcquaGuard Water filter people or our own Gas Wallah BP, Indane – you name it.

I really felt pity at the poor Sales Guy and felt sad that I Walked on him ! But times are A Changing. Customers do a lot of research and in showrooms – there is no price negotiation – so what are sales people needed. Even if they are – why can’t they be taught to be non-obtrusive? They are poorly trained any way on the Features, Advantages and Benefits. They have no clue to objection handling and negotiaion is not in their purview ( jurisdiction as the sales person in Croma told me) !

So I foresee – a very soon R.I.P. Sales Man and Salesmanship !

What do you think?

Now, Go Out and Create Something !


Now, Go Out and Create Something !
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Now, Go Out and Create Something !

Today’s Inspirational Quote:

  • “You are the books you read, the films you watch, the music you listen to, the people you meet, the dreams you have, the conversations you engage in.
  • You are what you take from these. You are the sound of the ocean, the breath of fresh air, the brightest light and the darkest corner.
  • You are a collective of every experience you have had in your life. You are every single second of every single day.
  • So drown yourself in a sea of knowledge and existence. Let the words run through your veins and let the colors fill your mind until there is nothing left to do but explode.
  • There are no wrong answers.
  • Inspiration is everything.
  • Sit back, relax, and take it all in.
  • Now, go out and create something.”

— Jac Vanek

I subscribed to :

Audri and Jim Lanford

You can mail to if you like this. :yourinspiration@famous-quotes-quotations.com

Two Terms – Capital and Utilitarianism


Two Terms - Capital and Utilitarianism
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Two Terms – Capital and Utilitarianism

Term of the Day

capital

  1. Cash or goods used to generate income either by investing in a businessor a different income property.
  2. The net worth of a business; that is, the amount by which its assets exceeditsliabilities.
  3. The money, property, and other valuables which collectively represent thewealth of an individual or business.
Learn more about this term
Usage Example

It simply means that the funding comes from the business owners contributingcapital to buy “shares” of the company.

Notable Quotable – What do you do?
“Don’t learn the tricks of the trade. Learn the trade.”
-Anonymous

What do you do? Learn the Tricks or Learn the Trade?

Term of the Day

utilitarianism

An ethical philosophy in which the happiness of the greatest number of people in the society is considered the greatest good. According to this philosophy, an action is morally right if its consequences lead to happiness (absence of pain), and wrong if it ends in unhappiness (pain).

Since the link between actions and their happy or unhappy outcomes depends on the circumstances, no moral

Learn more about this term
Usage ExampleUtilitarianism doesn’t focus on whether an act was morally right or wrong, it focuses on whether the act led to happiness of the greatest number of people.

Provoke Thoughts with 2 Terms: Mission Statement and Asset


Provoke Thoughts with 2 Terms: Mission Statement and Asset
Dhananjay Parkhe

Senior Citizen, C Suite Mentor, Consultant, Educator, Amateur Artist. Retained Search Specialist.

Provoke Thoughts with 2 Terms: Mission Statement and Asset

Term of the Day

Mission statement

A written declaration of an organization’s core purpose and focus that normally remains unchanged over time. Properly crafted mission statements (1) serve as filters to separate what is important from what is not, (2) clearly state which markets will be served and how, and (3) communicate a sense of intended direction to the entire organization.

A mission is different from a vision in that…

Learn more about this term
Usage Example

A mission statement can be a helpful tool for not just the company overall, but it can also facilitate the focus and productivity of individual employees.

Term of the Day

Asset

Any item of economic value owned by an individual or corporation, especially that which could be converted to cash. Examples are cash, securities,accounts receivable, inventory, office equipment, real estate, a car, and otherproperty.

On a balance sheet, assets are equal to the sum of

From an accounting perspective…

Learn more about this term
Usage Example

The company’s biggest and most valuable asset is the factory that the company just built to customization.

Thought:

Hours of Senior Management and Board time is spent in putting together a Mission Statement. Is this treated as an Asset? Or Are Mission Statements a Liability?

Notable Quotable
“Creditors have better memories than debtors.”
-Thomas Jefferson

Have a Great Weekend !

New Series – Integrity and Standard Deviation


Integrity and Standard Deviation
Dhananjay Parkhe

Senior Citizen, Amateur Artist. Learning New Skills. Learning to enjoy the joy of my creation.

Integrity and Standard Deviation

I am happy to share two Terms I have re-learnt today.

We know them. We know their meaning ‘somewhat’. We have used them.Knowing their Right definition from Businessdictionary.com and using them in another perspective. Does it change something.

For me, many a times these learnings help change – Thinking ! Sometimes, there is a new thought, new strategy and a new approach. I hope that those in C Suite – whether the Reader is :

  • Apprentice in C Suite,
  • Knocking on the C Suite Door or
  • Has a Foot in the C Suite Door or
  • someone who is in the C Suite for an Interim period
  • Or those who are rightfully in the C Suite – will find this approach interesting and useful.

If we try and put the two terms given in isolation, together, one after the other in straight and Reverse Order – see how our thought patterns move with the Words and their meanings. Have Fun !

In the end, I have included a Notable Quotable – an inspiring Quote. Of course, I take this opportunity to promote an Amateur Artist – ME :) and hope you would like my Drawings, Paintings and ZenMentorAngles some day soon ! :)

A. Integrity

1.Strict adherence to a moral code, reflected in transparent honesty and complete harmony in what one thinks, says, and does.

2.State of a system where it is performing its intended functions without being degraded or impaired by changes or disruptions in its internal or external environments.

3.Stored or transmitted data that is free from any unauthorized change.

Read more: http://www.businessdictionary.com/term-of-day.php#ixzz3PbALYLP6

Term of the Day

B. Standard deviation

A statistical measure of the historical volatility of a mutual fund or portfolio, usually computed using 36 monthly returns. More generally, a measure of the extent to which numbers are spread around their average.

Learn more about this term
Usage Example

Standard deviation is also known as historical volatility, therefore, many investors use it to help gauge expected volatility.

C. Today’s Notable Quotable:

Notable Quotable
“Nobody talks more of free enterprise and competition and of the best man winning than the man who inherited his father’s store or farm.”
-C. Wright Mills

Agency and Productivity


Agency and Productivity
Dhananjay Parkhe

Senior Citizen, Amateur Artist. Learning New Skills. Learning to enjoy the joy of my creation.

Agency and Productivity

Agency

fiduciary relationship between two parties in which one (the ‘agent’) is under thecontrol of (is obligated to) the other (the ‘principal’) . The agent is authorized by theprincipal to perform certain acts, for and on behalf of the principal. The principal isbound by the acts of the agent, performed in carrying out entrusted duties and within the scope of agent’s authority. An agency can be…

Learn more about this term
Usage Example

Small Business Administration (SBA), a federal agency that was established in the 1950s to assist small businesses.

Term of the Day

Productivity

The amount of output per unit of input (labor, equipment, and capital). There are many different ways of measuring productivity. For example, in a factoryproductivity might be measured based on the number of hours it takes to produce a good, while in the service sector productivity might be measured based on the revenuegenerated by an employee divided by his/her salary.

Learn more about this term
Usage Example

To increase productivity at the manufacturing plant, workers were given more breaks to allow workers to focus better while actually working.

Why What is Legal may not be Ethical and Vice Versa :)


Why What is Legal may not be Ethical and Vice Versa
Dhananjay Parkhe

Amateur Artist. Learning New Skills. Learning to enjoy the joy of my creation.

Why What is Legal may not be Ethical and Vice Versa

I taught this lesson couple of years ago and then came across this wonderful cartoon and I thought I must share this.

As much has already been written on this subject;

For a Change, I am not sharing more than 2 links of a Google Search for you:)

https://www.google.co.in/webhp?sourceid=chrome-instant&ion=1&espv=2&es_th=1&ie=UTF-8#q=ethical%20may%20not%20be%20legal

https://www.google.co.in/webhp?sourceid=chrome-instant&ion=1&espv=2&es_th=1&ie=UTF-8#q=what+is+legal+may+not+be+ethical

Vertical Integration and Grant


Vertical Integration and Grant
Dhananjay Parkhe

Amateur Artist. Learning New Skills. Learning to enjoy the joy of my creation.

Vertical Integration and Grant

Term of the Day

Vertical Integration

Merger of companies at different stages of production and/or distribution in the same industry.

When a company acquires its iinput supplier it is called backward integration. When it acquires companies in its distribution chain it is called forward integration. For example, a vertically integrated oil company may end up owning oilfields, refineries, tankers, trucks, and gas (petrol) filling…

Learn more about this term
Usage Example

To promote financial growth and improve efficiency the manufacturing company implemented vertical integration by acquiring other companies within their supply chain.

Term of the Day

Grant

  1. Funding for a nonprofit organization, usually for a specific project.
  2. To give a right to.
  3. Real Estate: The term used to indicate a transfer of property. A person can grant property to another person in a deed.
Learn more about this term
Usage Example

In fact, unless your product or service relates to development of a new technology or you are starting a non-profit organization, there is little to no value in looking for agrant from the federal government.

Industry and Gentrification – Terms of the Day


Industry and Gentrification - Terms of the Day
Dhananjay Parkhe

Amateur Artist. Learning New Skills. Learning to enjoy the joy of my creation.

Industry and Gentrification – Terms of the Day

Term of the Day

industry

A basic category of business activity. The term industry is sometimes used to describe a very precise business activity (e.g. semiconductors) or a more generic business activity (e.g. consumer durables). If a company participatesin multiplebusiness activities, it is usually considered to be in the industry in which most of itsrevenues are derived.

Learn more about this term
Usage Example

The stocks in the energy industry have been falling recently due to the drastic drop in crude oil prices.

Term of the Day

gentrification

The process of wealthier residents moving to an area, and the changes that occur due to the influx of wealth. As wealthier inhabitants move into an area that is already populated with lower-income residents, the neighborhoodbegins to change as well. Often this will spark an urban renewal process, which cleans up the town, but often leads to an increase in rent, taxes, and other items. …

Learn more about this term
Usage Example

Throughout the gentrification process, property value increases to the point where poorer pre-gentrification residents are no longer able to pay the rising costs and are forced out.

www.memorious.org

U DON'T SAY ™

Just when you think they can't do any worse........ they will always surprise you.

Big Red Carpet Nursing

Succeed, Enjoy: Thrive!

gypsy life

Taking time to see the details

The Ugly Volvo

Attempts at Adulthood

Make WordPress Core

WordPress Development Updates

Tylko fotografia

czyli kilka słów i przemyśleń z fotografią w tle

Art Calling

living a creative life, and exploring alternative paths for artists

Madstoffa's crunchy house!

Part time actor, aspiring writer of poetry and prose and full-time idiot with a heart.

Distan Bach Photography Blog

Souvenirs from along the way

Watch!

Macro pictures and ramblings

Rich Proctor

Welcome to my world

Canoe Communications

live in the moments that matter

Thoughts From The Road

Tales of a Truck Driving Photographer

Stockresearch52's Blog

Just another WordPress.com weblog

Scholars and Rogues | Progressive Culture

News, politics, sports, music, media, climate, arts and photography...

Blog do Reportter

da minha janela, observo o mundo sem pressa...

ThInK tWiCe

Provocative yes. Controversial no.

Bailey Road

Photo Blog

Dharma Anchor

A life in photos.

The Charnel-House

From Bauhaus to Beinhaus

LScott Poetry

Writing from the heart...romance, laughter, tears, faith, family, friends....

Crow Canyon Journal

Family History, Photography, Travel

From My Horizon

It´s all about light

Books: Publishing, Reading, Writing

And, for good measure, a bit of Cooking and Eating

The Intentional Workplace

Transforming Work One Conversation at a Time

Trevor Saylor

Photo Blog

conversation is an engine

A lot can happen in a conversation

Lightningpen's Blog

Imagination becomes art when passion tricks insecurity

galeriaredelius

In the mind of a jewellery maker

The question is not what you look at, but what you see - Thoreau

Art, Creativity, Photography, Travel, Writing

VentureBeat

News About Tech, Money and Innovation

itisnovember

photography by itisnovember

johanstellerphotography

A fine photography WordPress.com site

Lori's Lane

Inquire, Inspire, Aspire

Granted, and...

thoughts on education by Grant Wiggins

raincoaster

49 degrees latitude, 360 degrees attitude!

Compass & Camera

Travel, Culture, Life

#funnyemails

A compilation of humorous and funny emails doing the rounds that have landed in my inbox and those that I have found to be particularly interesting. Disclaimer: Funny Emails is not responsible for the content of user comments. Opinions of our readers are not necessarily ours. Funny Emails is intended for an audience 13 years and up.

I Miss You When I Blink

and other classics

Infinitefreetime.com

The blog of Luther M. Siler: Author, Educator, & Data Nerd

It's Just Life

Finding the Extraordinary in the Ordinary

Me 2.0

If necessity is the mother of invention, then divorce is the mother of re-invention...

Taps and Ratamacues

A site for poetry and other stuff

ALAN P. IN HONG KONG

Street Photography: An Eye to the City

Follow

Get every new post delivered to your Inbox.

Join 1,490 other followers

%d bloggers like this: